Major sports betting data service Betradar and cryptocurrency casino Stake.com have announced a 2-year partnership to launch a Stake sportsbook.

According to the company, in less than 3 years of operations Stake.com (Medium Rare N.V,) has racked up more than 11 billion bets on its platform while the group as a whole, including the Primedice brand, has seen more than 50 billion bets. To put this in perspective, some of the world’s best-known sportsbooks are still below 500K bets per year.

Stake now plans to replicate their success in the casino vertical with a new sportsbook product, hence the partnership with Betradar’s MTS team.

For Betradar, part of the Sportradar group, which boasts exclusive deals with organisations like FIFA, NBA, NFL and NHL, the agreement marks a serious entry into the cryptocurrency sphere.

Discussing the news Eddie Miroslav, owner of the Stake platform, said:

“With a look and feel that is exclusive to our platform, we are confident that our partnership with a data supplier of this calibre is going to fit the needs and wants of our substantial player base.

‘We are aware of an already strong sport interest and knowledge within our community; we knew spending several months working on this new site feature was going to be profitable for us.’

AYO.NEWS says:

As we rapidly approach 2020 it seems that cryptocurrency is finally going mainstream in the casino and sports betting world. Only yesterday AYO.NEWS reported that GoodGaming has announced a new CasinoCoin-powered online casino (read more), and we are aware of another major crypto casino project set to launch in the new year.

Staying with Betradar, at the end of October we reported that Videoslots, the online casino operator, has entered an agreement with its Trading Services (MTS) division, ahead of its 2020 sportsbook launch (read more).

AYO.NEWS says features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited.